U.S. Senate Committee on Banking, Housing, and Urban Affairs
10/01/2025 | Press release | Distributed by Public on 10/01/2025 12:11
Chairman Scott Congratulates Travis Hill on His Nomination to Serve as Chairman of the Board of Directors of the Federal Deposit Insurance Corporation
October 01, 2025
Chairman Scott Congratulates Travis Hill on His Nomination to Serve as Chairman of the Board of Directors of the Federal Deposit Insurance Corporation
Washington, D.C. - Senate Banking Committee Chairman Tim Scott (R-S.C.) issued the following statement after President Trump nominated Travis Hill to serve as Chairman of the Board of Directors of the Federal Deposit Insurance Corporation.
"Travis Hill will continue to bring principled leadership and deep experience in banking policy to the position of Chairman of the Board of Directors of the Federal Deposit Insurance Corporation, a stark contrast to the toxic culture that persisted under the failed leadership of former Chair Gruenberg during the Biden administration. He has proven his commitment to fairness in our financial system, working towards removing reputational risk from bank supervision - essentially implementing my FIRM Act - to end debanking and ensure that banks cannot discriminate against federally legal businesses and law-abiding Americans. I look forward to continuing to work with him to strengthen our financial system, protect consumers, and ensure fairness, access, and accountability," said Chairman Scott.
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